Features of ICICI Bank Fixed Deposit
1. Simple Investment with Liquidity and Flexibility : ICICI Bank Fixed Deposit is a secure investment option that provides guaranteed returns on investment.Fixed deposit returns are unaffected by any external circumstances.
2. Flexible Tenure : Customers can choose from a variety of terms ranging from 7 days to 10 years with ICICI Bank Fixed Deposit. Customers will not only have more flexibility, but they will also be able to plan their investment horizon based on their goals.
3. Premature/partial Withdrawal : ICICI Bank Fixed Deposits are a very liquid investment option in times of emergency.You can close your deposits partially or fully before their maturity date and have funds credited to your account for emergency use.
4. Additional Interest : Senior citizens get an extra 0.50% interest rate on top of the regular Fixed Deposit interest rate. This will allow our esteemed customers to earn better interest rates on their hard-earned money.
5. Overdraft Against FD : Overdraft against Fixed Deposit is also available from ICICI Bank. This is a great way to get instant liquidity against a fixed deposit without breaking it.
6. Automatic Renewal Facility : You can open an ICICI Bank Fixed Deposit that will automatically renew. This ensures that your FD is automatically renewed for the same term on the maturity date, resulting in no interest loss.
ICICI FD Interest Rates 2024
ICICI Bank is one of India’s most well-known financial institutions. With its diverse range of financial services and products, it not only facilitates the mobilisation of savings in the economy but also enables people to develop financial discipline. ICICI provides fixed deposit services to its customers who want to place their money without exposing it to market fluctuation as a way to facilitate savings.
Customers may open fixed deposit (FD) accounts with ICICI Bank and choose from a variety of deposit terms and interest rates. The available FD schemes meet the demands of customers from various backgrounds. Here is all you need to know before deciding how to manage your savings.
Table of Content
- ICICI Bank FD Interest Rates on Domestic Deposits (less than ₹2 crore)
- ICICI Bank FD Interest Rates on Domestic Deposits (₹2 crore-₹5 Crores)
- Features of ICICI Bank Fixed Deposit
- Types of ICICI Bank FD Schemes
- How to Invest in ICICI Bank FD?
- Eligibility to Open an ICICI Bank FD Account
- Documents Required to Open ICICI Bank FD
- Tax on ICICI Bank Fixed Deposit
- Loan Against ICICI Bank FD
- Premature Closure of ICICI Bank Fixed Deposit
- Frequently Asked Questions (FAQs)